Digital coins are the solution to the depreciation of fiat currencies

Mathew Di Salvo (BBC) explains many Venezuelans, because of the country’s severe economic crisis, are using cryptocurrencies to preserve their own purchasing power due to the hyperinflation of the Bolivar, the local currency. Money transfers are safe and immediate and many savers use digital coins to buy foreign currency. Many Venezuelans are going to the Colombian border town of Cucuta to use an ATM opened this month.